24 Oct Important cover for businesses to have
All businesses need to have a number of different covers in place to protect their work and their employees. A good Insurance Brokers Bath way such as markrichard.co.uk/areas-we-cover/insurance-brokers-bath can help source the cover that is needed. This will often involve a discussion around the kind of work that is undertaken and the risk that may occur to employees and customers.
Some of the cover types such as public liability will help provide cover in the event of an accident or injury that occurs as a result of faulty equipment or through incidents that could occur in the workplace like slips and trips. Another form of cover that is important in this same area is cover for your employees.
If you have business premises you will need to consider whether you need building insurance, this is more common if you own the building, and also contents insurance which will cover all the furniture and equipment in your office space. If your workers take equipment home you will need to find a cover that is suitable for this and you may need to implement some working-from-home policies to help ensure your equipment and data that is held by your company is kept safe.
As a director of a business you may also want to consider directors’ liability insurance and perhaps income protection, should you find yourself in a position where you are unable to work for a long period of time.